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Ruth
Ruth is 41 years old and lives in the town of Masidi in the Hoima region of Uganda. She is married and has 8 children, 4 of whom are currently in school. For the past 8 years, Ruth has been working hard to manage her retail shop, which sells soap, sugar, milk and bread.

To help expand her business, Ruth has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more items such as rice, maize flour and soda to sell, and will help Ruth to generate greater profits and pay school fees for her children. Ruth hopes that in the future she will be able to expand the business into a wholesale shop.

Ruth is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Ruth who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.

Additional Information

About BRAC Uganda

This loan is administered by BRAC Uganda, a registered non-governmental organization (NGO) in Uganda that is also a part of the BRAC international network. BRAC Uganda attempts to address poverty through a holistic model, offering programs in education, health, water & sanitation, agriculture, and microfinance. BRAC Uganda’s microfinance program aims to provide the poor with easy, reliable, and efficient access to institutional financial services, and reaches over 150,000 families in Uganda. For more on BRAC Uganda, please see our partner page, and join our lending team, Friends of BRAC Uganda.

About Uganda

  • $1,500
    Average annual income
  • 157
    View loans »
    Uganda Loans Fundraising
  • $28,711,775
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Ruth to purchase more items such as rice, maize flour and soda to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014